2224 Patterson AveOrlandoFL32811
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Orlando at 2224 Patterson Ave, Orlando, FL, 32811 priced at $320,000 pairs $2,423/mo rent with $300/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,423/mo, and annual cash flow comes to $3,596/yr on $106,080 invested. Return on cash invested is 23.3% in year one, and rental yield stands at 9.09% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 121.61% and total cumulative return in cash reaches $129,003. For financing, Ziffy Mortgage’s DSCR program evaluates $2,423/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32811, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,791 (100%) |
| Owner Occupied HU | 4,617 (29.2%) |
| Renter Occupied HU | 10,024 (63.5%) |
| Vacant Housing Units | 1,150 ( 7.3%) |
| Median Home Value | $189,173 |
| Average Home Value | $279,721 |
Housing Distribution
Address Breakdown
Residential
15,953
Single Family
7,858
Multi-Family
8,095
Businesses
1,035
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Listed by: Christina Moore • Williams Real Estate Group LLC
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11738465
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.